Note 30 lists provisions for liabilities and charges. Is the threshold for recognizing a liability associated with
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Note 30 lists “provisions for liabilities and charges.” Is the threshold for recognizing a liability associated with these items any different under IFRS than it is under U.S. GAAP? Explain. By how much has the total amount of the BA Group's “provisions for liabilities and charges” increased or decreased during fiscal 2009?
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Under International Financial Reporting Standards IFRS a liability should be recognized when a compa...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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